Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$121,725$121,725$629,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$508,274$0
Funding fee$609$609$0
Note rate2.740%2.740%7.320%
Blended rate2.740%6.782%7.560%
1st payment$567.53$567.53$4,327.66
2nd payment$0.00$3,282.60$0.00
Taxes / mo$644.57$644.57$644.57
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$23.33$23.33$23.33
Total monthly$1,402.10$4,684.70$5,288.22
Cash to close$578,274$70,000$70,000